As Crisis Looms a Pattern of Editorial Support for Glass-Steagall Emerges

July 28, 2012 • 9:19AM

A major turn-around is emerging from some of the previously staunch opponents of Glass-Steagall bank separation. These shifts are no accident: People are getting the point that without Glass-Steagall there is no alternative to hyperinflation. What first took hold in London, when a group of senior bankers used the revelations of the LIBOR scandal to thrust Glass-Steagall into public debate, is now sweeping through the US in the wake of Sanford Weill's "epic conversion."